Commercial spaceflight pulls back after volatility, Guanglian Aviation drops over 10%. Institutions: The sector narrative is far from over.

(Source: Finance News)

          The commercial aerospace sector in China has initiated a new track with a trillion-yuan market scale, driven by the maturity of reusable rocket technology and the acceleration of IPOs for key companies.            

On March 24, the commercial aerospace concept experienced volatile declines in the afternoon, with Guanglian Aviation (300900.SZ) dropping over 10%, and Xice Testing (301306.SZ), Qianzhao Optoelectronics, Tianyin Electromechanical (300342.SZ), Junda Co. (002865.SZ), Electric Science Blue Sky (688818.SH), and Aerospace Development all falling over 5%.

On the news front, amidst the escalating situation in the Middle East, the BeiDou system has become a key navigation guarantee for merchant ships from multiple countries against GPS interference, showcasing its global free service and anti-jamming capabilities. BeiDou has established a mixed constellation of 35 satellites, with 12 to 15 satellites stationed in the Asian region, possessing unique functions such as short messaging and nanosecond-level timing, with a domestic core technology localization rate of 100%, and anti-satellite capabilities forming a reciprocal deterrent.

Caitong Securities stated that the scarcity of spectrum is forcing low-Earth orbit satellite internet to accelerate its layout, while domestic policy dividends are pressing the industry’s acceleration button. Space computing power is opening a new narrative in commercial aerospace, with multiple domestic reusable rockets set to make their maiden flights soon, likely aiding the industry in achieving a commercial closed loop.

Additionally, at 11:49 PM on March 22, the Kuaizhou-3 Yao-10 launch vehicle, developed by the China Academy of Launch Vehicle Technology, lifted off from the “Oriental Spaceport” launch ship in the near offshore area of Yantai Haiyang. Using a one rocket, ten satellites maritime launch method, it successfully sent ten networking satellites of the “Micron Space” low orbit satellite system 02 group into the planned orbit, completing the launch mission successfully.

CITIC Securities stated that the commercial aerospace sector in China has initiated a new track with a trillion-yuan market scale, driven by the maturity of reusable rocket technology and the acceleration of IPOs for key companies.

A wealth of information and precise interpretation is available on the Sina Finance APP.